2303 Mid Ln 344, Houston, TX 77027 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2014Total Assessed Value $80,461,381County Harris

Property Details

The Apartments property 2303 Mid Ln 344, Houston, TX 77027 is located in Harris County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $80,461,381.

The gross building area is 304,904 square feet and the land area is 118,335 square feet for this Apartment High Rise (5+ stories) built in 2014.

Legal description: Res A2 Blk 1 Aboussie Commercial Reserve R/P

$80,461,381

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,092

Avg Rent

Property Image of 2303 Mid Ln 344, Houston, TX 77027, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area304,904

Land Size118,335

Land Value$18,933,600

Improved Value$61,527,781

Total Assessed Value$80,461,381

Year Built2014

County NameHarris

Account Number1349690010003

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionMasonry

No of Stories8

Garage TypeDetached Garages,Parking Garage

Bathrooms28

PatioAvailable

Access Gates1

Business Center1

9ft Ceilings1

Walk-in Closets1

Concierge1

Steel Appliances1

Number of Units344

Elevator

Exterior WallsGlass

Sales History

10/1/2014

Arms-length$68,847,000

Buyer

Azalea Residential Ii Lp

Seller

Fc42 Houston Llc

Book Number

2014.444788

Recording Date

10/1/2014

Transaction Details

Azalea Residential Ii Lp acquired the property from Fc42 Houston Llc through a Arms-length transaction on 10/1/2014 for $68,847,000.

8/29/2013

Arms-length$59,828,500

Buyer

Azalea Residential Lp

Seller

Ghg Houston Llc

Book Number

20130450103

Recording Date

8/29/2013

Transaction Details

Azalea Residential Lp acquired the property from Ghg Houston Llc through a Arms-length transaction on 8/29/2013 for $59,828,500.

7/1/2012

Arms-length$7,625,000

Buyer

Fc 42 Houston Llc

Seller

Hgiog Houston Lp

Book Number

2012.296476

Recording Date

7/1/2012

Transaction Details

Fc 42 Houston Llc acquired the property from Hgiog Houston Lp through a Arms-length transaction on 7/1/2012 for $7,625,000.

Property constructed in 2014

YSale Price (USD) byXSales Year

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Mortgage History

10/1/2014

Sale$55,077,573

Borrower

Azalea Residential Ii Lp

Lender

Fc42 Houston Llc

Book Number

Recording Date

10/1/2014

Transaction Details

Azalea Residential Ii Lp borrowed the property from Fc42 Houston Llc through a transaction on 10/1/2014 for $55,077,573.

8/29/2013

Helocs both purchase money and non purchase money helocs$47,862,820

Borrower

Azalea Residential Lp

Lender

Texas Capital Bank Na

Book Number

20130450104

Recording Date

8/29/2013

Transaction Details

Azalea Residential Lp borrowed the property from Texas Capital Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 8/29/2013 for $47,862,820.

7/1/2012

Sale$6,100,000

Borrower

Fc 42 Houston Llc

Lender

Nrfc Ul Holdings Llc

Book Number

Recording Date

7/1/2012

Transaction Details

Fc 42 Houston Llc borrowed the property from Nrfc Ul Holdings Llc through a transaction on 7/1/2012 for $6,100,000.

Property constructed in 2014

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$18,933,600	$64,589,914	$83,523,514	$83,523,514	Lvas River Oaks Jame...	712 Main Street Suit...	Res A2 Blk 1 Aboussi...	5906.01	-	118,335	304,904
2025	$18,933,600	$61,527,781	$80,461,381	$80,461,381	Lvas River Oaks Jame...	712 Main Street Suit...	Res A2 Blk 1 Aboussi...	5906.01	-	118,335	304,904
2024	$18,933,600	$59,137,767	$78,071,367	$78,071,367	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	-	118,335	304,904
2023	$18,933,600	$68,539,824	$87,473,424	$87,473,424	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	ABOUSSIE COML RESERV...	118,335	304,904
2022	$11,833,500	$57,166,500	$69,000,000	$69,000,000	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	ABOUSSIE COML RESERV...	118,335	304,904
2021	$11,833,500	$55,486,992	$67,320,492	$67,320,492	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	ABOUSSIE COML RESERV...	118,335	304,904
2020	$11,833,500	$55,486,992	$67,320,492	$67,320,492	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	-	118,335	304,904
2019	$11,833,500	$55,166,500	$67,000,000	$67,000,000	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	-	118,335	515,130
2018	$11,559,000	$55,176,000	$66,735,000	$66,735,000	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	-	115,590	515,130
2017	$11,559,000	$49,756,702	$61,315,702	$61,315,702	Azalea Residential L...	9600 N Mo Pac Expy S...	Res A2 Blk 1 Aboussi...	5906.01	-	115,590	515,130

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Showing 1 to 10 of 12 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
2303 Mid Ln 344, Houston, TX 77027	1349690010003	Apartments	Apartment High Rise (5+ stories)	Lvas River Oaks James Llc	Harris	-	$ 68,847,000	2014-10-01	$ 225.80	2014	304,904	344
2300 Mccue Rd 299, Houston, TX 77056	1184790000001	Apartments	Apartment High Rise (5+ stories)	T C Montecito Llc	Harris	0.9	$ 43,890,000	2025-09-17	$ 137.56	1996	319,072	299
7655 Washington Ave 356, Houston, TX 77007	1501110010001	Apartments	Apartment High Rise (5+ stories)	Pmp Investment Llc	Harris	2.6	$ 75,625,000	2025-05-16	$ 232.90	2019	324,709	356
5740 San Felipe St 327, Houston, TX 77057	1184570010001	Apartments	Apartment High Rise (5+ stories)	Hsr Tanglewood Llc	Harris	1.8	$ 59,203,620	2024-12-20	$ 151.45	2012	390,921	327
4899 Montrose Blvd Ste 187 Ste187, Houston, TX 77006	1215190010001	Apartments	Apartment High Rise (5+ stories)	Finger Fsc Montrose Ltd	Harris	3.7	$ 71,820,000	2025-07-05	$ 127.06	2002	565,246	187
8877 Frankway Dr 284, Houston, TX 77096	1300660010001	Apartments	Apartment High Rise (5+ stories)	29sc Highbank Owner Llc Etal	Harris	4.1	$ 48,316,300	2025-01-28	$ 180.13	2016	268,232	284
301 St Joseph Pky 379, Houston, TX 77002	1274570010001	Apartments	Apartment High Rise (5+ stories)	2009 Cpt Community Owner Llc	Harris	4.4	$ 107,198,000	2025-11-13	$ 290.50	2006	369,017	379
1148 Silber Rd 352, Houston, TX 77055	1413370010001	Apartments	Apartment High Rise (5+ stories)	Brep Memorial Lp Etal	Harris	3.4	$ 61,180,000	2025-08-26	$ 209.31	2020	292,292	352
9550 Meyer Forest Dr 296, Houston, TX 77096	1206950000001	Apartments	Apartment High Rise (5+ stories)	Meyer Park Lakeside Apartments Llc	Harris	4.6	$ 3,666,810	2025-10-15	$ 11.92	2001	307,655	296
6301 Almeda Rd 320, Houston, TX 77021	1202420010001	Apartments	Apartment High Rise (5+ stories)	Maverick County Housing Finance Corp	Harris	4.7	$ 56,712,500	2024-12-18	$ 168.60	1999	336,382	320
2724 Kipling St 302, Houston, TX 77098	1332230010001	Apartments	Apartment High Rise (5+ stories)	2724 Kipling Owner Llc	Harris	1.8	$ 54,131,000	2024-07-30	$ 187.72	2012	288,358	302

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2303 Mid Ln 344, Houston, TX 77027	—	-	118,335	2014	304,904	$ 80,461,381	$ 18,933,600	-
Berkadia Commercial Mtg Llc	3411 Cummins St, Houston, TX 77027	09/15/2025	$ 8,969,000	80,620	1963	107,712	$ 12,824,987	$ 8,062,000	Va9 Greenway Court Llc
Bank Of The Orient	5400 Memorial Dr, Houston, TX 77007	08/14/2025	$ 9,220,000	88,142	1965	173,913	$ 14,073,794	$ 6,610,650	Fell In Love Llc
Keybank National Association	929 Westcott St, Houston, TX 77007	07/16/2025	$ 94,545,000	123,623	2019	432,689	$ 126,500,000	$ 6,304,773	Mpw Owner Lp
Fbred Bdc Finance Llc	2221 W Dallas St, Houston, TX 77019	06/27/2025	$ 58,500,000	249,947	2008	415,827	$ 87,609,142	$ 23,744,965	Us Living Montrose Llc
Stellar Bank	1616 Post Oak Blvd, Houston, TX 77056	06/03/2025	$ 1,500,000	66,381	2020	608,704	$ 182,222,151	$ 13,276,200	Culinary Khanceptsaspire Inc
Acre Credit Fund Ii Lndg Llc	1317 Post Oak Park Dr, Houston, TX 77027	05/29/2025	$ 50,000,000	145,926	2019	386,850	$ 83,984,674	$ 11,674,080	Houston Reverie Llc
Spt Real Estate Capital Llc	7655 Washington Ave, Houston, TX 77007	05/16/2025	$ 60,500,000	174,240	2019	324,709	$ 74,431,715	$ 4,356,000	-
Citibank Na	1120 Moy St, Houston, TX 77007	04/11/2025	$ 9,240,000	34,243	2021	150,400	$ 6,769,708	$ 2,739,440	Heritage Senior Residences Lp
Walker & Dunlop Llc	609 Waverly St, Houston, TX 77007	04/01/2025	$ 47,724,000	182,037	2019	241,675	-	-	Standard In The Heights Lp
Regions Bank	1111 W 6th St, Houston, TX 77007	01/30/2025	$ 39,805,000	156,032	2021	264,101	$ 68,122,140	$ 18,009,744	Fairfield Shepherd Partnership

Mean$ 83,462,192

Median$ 54,250,000.0

Loan Amount Range$ 1,000,000 - $ 500,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2303 MID LN, HOUSTON, TX 77027-4078	JAMES	7139619797	CAR WASHING/POLISHING EQUIP/SUPLS (WHLS)
2303 MID LN, HOUSTON, TX 77027-4078	FOOTPRINTS	7132011922	NONCLASSIFIED ESTABLISHMENTS
2303 MID LN OFC, HOUSTON, TX 77027-4077	STREET LIGHTS RESIDENTAL DVMNT	7136405668	REAL ESTATE
2303 MID LN, HOUSTON, TX 77027-4078	JAMES RIVER OAKS APARTMENTS	2819188929	CAR WASHING/POLISHING EQUIP/SUPLS (WHLS)
2303 MID LN, HOUSTON, TX 77027-4078	JAMES PARK PLACE	2816561899	APARTMENTS

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Tenant Industry Distribution

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License Details

License Number

32090822241

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

7/28/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SWIMFIT LLC
	Address Line	2303 mid ln apt 712
	City / State / Zip	houston TX 77027
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77027
Registration Details	SOS Code

License Timeline

License Issued

7/28/2023

Currently Active

Status: -

Renewal Required

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